Criminal network used Sydney and Las Vegas casinos to launder millions of dollars


Posted on the 23rd of September 2015

Criminal network used Sydney and Las Vegas casinos to launder millions of dollars

In a joint operation involving the Australian Federal Police, New South Wales Police and the Federal Bureau of Investigation, authorities believe that they have nabbed a criminal network that was taking money from a cocaine syndicate and laundering it through a network of casinos. According to police, the criminal network was sending the dirty cash to a professional gambler in Sydney’s Star Casino. The professional gambler would then run the money through the casino, before taking the checks and cashing them in Las Vegas casinos. Police believe that approximately $5 million have so far been laundered by the group in this manner. The international criminal investigation began in 2011 after police discovered a black suitcase containing $702,000 in cash at Sydney’s Hilton hotel.

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